NBU tells banks to avoid Hungary after cash and gold heist
Hungarian government official explicitly ties asset seizure to dispute over stricken oil pipeline
Ukraine’s central bank has told the country’s lenders to “develop alternative logistics routes” when transporting valuables, after Hungarian counterterrorism forces on March 5 halted two cash courier vans belonging to a Ukrainian bank and detained the personnel.
The National Bank of Ukraine (NBU) tells Central Banking it has called on all banks engaged in cross-border transit of valuables to develop alternative logistics routes that avoid countries “where there is a risk of transportation being
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